PIDILITIND trade ideas
Watchout for Resistance breakoutThe stock is making an ascending triengle pattern and looks good above 1800 level.
PIDILITLITE Looks goodPIDILITIND cmp : 1789.15
Stock from current level might move towards 1836.And above that can go upto 1940.so keep on radar!!
Good to grab on dips.
SL 1764 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
PIDILITE Perfectly honoring to Fibonacci retracement .Hold your shares for the long term and Buy according to this chart pattern for great results.
Pidilite Taking a good support at 1660 level (pre corona high), attractive RSI, Volume of sellers getting absorbed, consolidating in triangle pattern. It is all set to show a big move. With strong fundamentals this stock is a must add to ur long term portfolio.
PIDILITIND | Cup & Handle Breakout 🎯⭕ Swing Trading opportunity ! 1hrs Chart Alert !!!⭕
-- Buy above=1751 or CMP
--Target = 1796 | 1838
--Stop-loss = 1726
--R:R =3.43
-- Lot size = 500
--Expected Profit = 43k ( 5% )
--Expected Holding = 10 days only
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Stock has formed cup & handle pattern
2) Breakout was strong & retested the trendline again
3) Trendline resistance is already broken
4) Target is based on resistance areas
5) bullish engulfing candle as well
Guys Check out the related ideas as well, it will work really well GUARANTEED !
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PIDILITENote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading.
PIDILIT STRUCTURE TESTPIDILIT STRUCTURE TEST
Pidilite Test Previous High Kindly watch
Target 1810-1820
BuyBuy on daily close above 1820 SL 1720 ( DCB) target 2100.
Disc : it's not an investment advice to buy or sell
#Pidiliteind cash : Looks good above 1732.10#Pidilitind cash
01.02.2021
Looks good above 1732.10
stoploss 1700
Target 1770-1775/1840
(Risk free above 1775 for 1840-1860)
Cmp 1716
